Fetal and neonatal care products are used for assessment and treatment of newborn babies. Fetal care equipment include devices, which help in monitoring and diagnosis of both mother and fetus. Equipment, which help in assisting in diagnosis, monitoring or treatment of newborn babies are neonatal care equipment. According to the UN Foundation, 2015, maternal & infant care is a global priority, as around 800 women die every day from preventable causes associated with pregnancy or childbirth. This has led to increasing demand for neonatal and fetal care equipment.

The global fetal and neonatal care equipment market is estimated to be valued at US$ 7,279.5 million in 2017 and is expected to witness a CAGR of 7.4% over the forecast period (2017 – 2025).

Source: Coherent Market Insights Analysis (2017)

Increasing government initiatives for fetal and neonatal care is expected for growth of the market

Various government and non-government organizations are actively taking initiatives to provide better maternal and fetal care. Moreover, rise in number of problems during pregnancy due to high-blood pressure, diabetes, preterm labor affects the fetus. So, fetal and neonatal care devices are routinely used by gynecologist and obstetrics to examine fetal or babies’ health during labor and delivery. According to National Institute of Health, Newborn screening programs across the U.S., screen four million infants each year. This public health program detects treatable disorders in newborns, allowing treatment to begin, often before symptoms or permanent problems. Furthermore, demand for fetal monitoring devices is also increasing significantly to reduce intrapartum stillbirths. According to WHO, annually, 15 million babies are born preterm, of which 1 million died before the age of five years, as stated in 2015.

North America is expected to account for highest market share in the global fetal and neonatal care equipment market, owing to the presence of a better reimbursement structure, development of well-equipped neonatal intensive care unit by hospitals. The Newborn Intensive Care Unit (NICU) at Brigham and Women’s Hospital (BWH) is a 60-bed Level III newborn intensive care unit that provides complex multidisciplinary care to more than 3,000 babies each year. Moreover, Asia Pacific is expected to witness high growth in the global fetal and neonatal care equipment market. This is owing to increasing incidences of premature births, high birth rates in countries such as India and China, and increasing healthcare awareness are the factors boosting growth of the market in this region. According to WHO, 2012, most neonatal deaths occur in Asia, which accounted for 40% of the global neonatal deaths, given the high mortality rate in the South-central Asia sub-region. Furthermore, neonatal equipment has been observed to have increasing demand in the middle-income countries, as birth rates in these countries are higher, and the priority for improved fetal & neonatal care is high in these countries. As a result, sales of the equipment are expected to flourish at a rapid rate.

Key players in the region are focusing on offering clinicians, innovative tools and devices for enhancing safety for mothers, babies, and families. For this, companies are focusing on acquisition strategy and increasing regulatory approval for the devices. For instance, in March, 2017, GE Healthcare expanded its Maternal-Infant Care business with the acquisition of Monica Healthcare — a U.K.-based monitoring technology company. This acquisition enhances GE Healthcare’s mobile and digital offerings by providing clinicians and patients around the world with more innovative solutions for labor, delivery, and home care. Furthermore, in February, 2017, Masimo received CE marking for Eve — a critical congenital heart disease (CCHD) newborn screening application, for the Rad-97 Pulse CO-Oximeter. Eve is integrated with Masimo SET Measure-through Motion and Low Perfusion pulse oximetry with a pre-ductal to post-ductal synchronization algorithm designed to reduce calculation errors and giving appropriate outcomes for the treatment of newborn lives.

Fetal monitoring is required to constantly monitor health of the unborn baby and ensure a safe birth. Equipment, which helps to assist in diagnosis, monitoring or treatment of newborn babies are neonatal care equipment. Healthcare professionals perform fetal monitoring during pregnancy and labor, as that process is crucial for keeping the mother and the child safe and healthy. Growth in fetal and neonatal care equipment market is attributed to increasing rate of birth and preterm births. For instance, according to the United Nations Children's Fund (UNICEF), in 2017, nearly 386,000 babies were born on 1st January worldwide, over which, half of these births were estimated to have taken place in nine countries: India (69,070), China (44,760), Nigeria (20,210), Pakistan (14,910), Indonesia (13,370), the United States (11,280), the Democratic Republic of the Congo (9,400), Ethiopia (9,020) and Bangladesh (8,370).

Market Dynamics

Fetal and neonatal care is critical during and after pregnancy, as the fetus and neonates are prone to infections and diseases, owing to low immunity. Therefore, regular diagnosis and monitoring is essential. In emerging economies such as those in Africa, increasing number of at-home births results in high mortality rate. According to NCBI data, 2015, Zambia is one of the sub-Saharan African countries with a high maternal mortality ratio (MMR), and the demographic and health survey (DHS) showed that the country’s MMR is 591 maternal deaths per 100,000 live births. Fetal and neonatal care equipment manufacturers are focusing on offering high-end, home-based infant care and neonatal solutions and this is expected to be one of the major factors driving growth of the market. For instance, in February, 2017, Masimo received CE marking for Eve — a critical congenital heart disease (CCHD) newborn screening application, for the Rad-97 Pulse CO-Oximeter. Eve is integrated with Masimo SET Measure-through Motion and Low Perfusion pulse oximetry with a pre-ductal to post-ductal synchronization algorithm designed to reduce calculation errors and in turn saving newborn lives.

Key features of the study:

This report provides in-depth analysis of fetal and neonatal care equipment in medical sector and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global fetal and neonatal care equipment for medical sector market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans

Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics

The global fetal and neonatal care equipment for medical sector market report caters to various stakeholders in this industry including investors, suppliers, fetal and neonatal care equipment device manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the fetal and neonatal care equipment for medical sector market

Detailed Segmentation:

Global Fetal and Neonatal Care Equipment Market, By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

Global Fetal and Neonatal Care Equipment Market, By End User:

Hospitals

Home Care Settings

Others

Global Fetal and Neonatal Care Equipment Market, By Geography:

North America

By Country:

U.S.

Canada

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Europe

By Country:

U.K.

Germany

Italy

Spain

France

Russia

Rest of Europe

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Asia Pacific

By Country:

Australia

India

China

Japan

ASEAN

South Korea

Rest of Asia Pacific

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Latin America

By Country:

Brazil

Mexico

Rest of Latin America

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Middle East

By Country:

GCC

Israel

Rest of Middle East

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Africa

By Country:

South Africa

North Africa

Central Africa

By Product Type:

Fetal Care Equipment

Ultrasound Devices

Fetal MRI Systems

Fetal Monitors

Fetal Pulse Oximeters

Fetal Doppler

Neonatal Care Equipment

Infant Warmers

Incubators

Phototherapy Equipment

Respiratory Devices

Neonatal Ventilators

Continuous Positive Airway Pressure (CPAP) Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitors

Cardiac Monitors

Pulse Oximeters

Capnographs

Integrated Monitoring Devices

By End User:

Hospitals

Home Care Settings

Others

Company Profiles

Koninklijke Philips N.V.*

Company Overview

Product Portfolio

Financial Performance

Key Strategies

Recent Developments

Future Plans

General Electric Company

Medtronic plc

Dragerwerk AG & Co. KGaA

Fisher & Paykel Healthcare Limited.

FUJIFILM SonoSite, Inc.

Masimo

Natus Medical Incorporated

Atom Medical Corporation

CooperSurgical Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)

Desk Research

Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Coherent Market Insights desk research is based on a principle set of research techniques:

National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.

Trade association, National and international media and trade press.

Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.

Scientific journals, and other technical magazines and whitepapers.

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

Micro-economic indicators

Macro-economic indicators

Environmental indicators

Socio-political indicators

Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

It provides first-hand information on the market dynamics, outlook, and growth parameters.

Industry experts validates the estimates which helps the company to cement the on-going research study.